Form 4: Joel Alsfine, Life Time Group Holdings Director, Acquires 3,665 Shares of Common Stock

Director Joel Alsfine acquired 3,665 shares of Life Time Group Holdings common stock through a grant of restricted stock units.

Summary

• On October 1, 2024, Joel Alsfine, a director of Life Time Group Holdings, Inc., acquired 3,665 shares of common stock.
• The acquisition was in the form of restricted stock units (RSUs), each representing a contingent right to receive one share of the Issuer's common stock.
• The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting following the date of grant and (ii) the first anniversary of the grant date, subject to the Reporting Person's continuing service through such date.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally viewed as a positive sign, indicating confidence in the company. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting following the date of grant and (ii) the first anniversary of the grant date, subject to the Reporting Person's continuing service through such date.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates